Friday, 3 May 2024

Asia

Asia News – Get latest breaking news & top stories today in Asia, South-East Asia, South Asia, East Asia, Australia/New Zealand at…

New Zealand budget leaks not deemed illegal, opposition calls for heads to roll

WELLINGTON (Reuters) – New Zealand police believe early accessing of sensitive budget information from the Treasury’s website was not illegal, the department said on Thursday, in the midst of a national furor over hacking accusations in which the opposition National Party confirmed it was responsible for the access. The Treasury said on Wednesday that it […]

$50k NUS prize for inspiring story on Singapore history

The life of a coolie, the history of food production or even the story of the first telegraph that was transmitted from Singapore’s Fort Canning Hill to London in 1871. These are some examples of books that could be written about Singapore’s history which the nominating committee of the National University of Singapore’s (NUS) History […]

Cboe wins dismissal of Wall Street 'fear gauge' manipulation lawsuit

(Reuters) – A federal judge on Wednesday dismissed a lawsuit in which investors accused the parent of the Chicago Board Options Exchange of letting anonymous traders rig Wall Street’s main gauge of future stock market volatility at their expense. U.S. District Judge Manish Shah in Chicago said investors in the proposed class action failed to […]

Sri Lanka failed to arrest Easter bomber despite warnings

COLOMBO (AFP) – Sri Lankan authorities failed to arrest the Islamic militant who led the Easter Sunday attacks that killed 258 people despite mounting evidence against him, the country’s top intelligence official said on Wednesday (May 29). Sisira Mendis told a parliamentary probe into security lapses leading to the April 21 suicide bombings that the […]

Dollar holds steady amid U.S.-China trade worries

NEW YORK (Reuters) – The dollar stayed firm on Wednesday, as investors focused on socking their money into bonds and gold – and to a lesser extent the yen and Swiss franc – with no end in sight in the trade tension between China and the United States. Investor jitters intensified after the People’s Daily […]

How can a snake eat a human?

An Indonesian woman has been killed and swallowed whole by a 7m (23ft) long python, say local authorities. Though such incidents are incredibly rare, this was the second python death reported in Indonesia in just over a year. What happened to the woman? Wa Tiba, 54, went missing last Thursday while checking on her vegetable […]

Trade dispute to be the new normal for coming decade: China Daily contributor

BEIJING (CHINA DAILY/ASIA NEWS NETWORK) – While the impact of the Sino-US trade dispute on the Chinese economy will be negative, causing more damage to the Chinese economy than to the US economy, they will be manageable for China. I estimate the maximum possible damage, assuming that all Chinese exports of goods to the US […]

EU's deputy Brexit negotiator moves to top trade job

BRUSSELS (Reuters) – The European Union’s deputy Brexit negotiator, German Sabine Weyand, will switch jobs from June to lead the trade unit at the bloc’s powerful executive in Brussels, meaning she would still face off against London in any future negotiations. As the head of the European Commission’s directorate general for trade, Weyand would also […]

Umno leaders tussle for control of Malaysia's former ruling party

KUALA LUMPUR – Umno’s resurgence since the turn of the year has sparked a leadership tussle as different factions vie for control of the once all-dominant party after its stunning defeat in Malaysia’s election last year. The power struggle looks set to come to a head at the party’s general assembly in November, when members […]

EU asks Italy to explain deterioration of public finances

BRUSSELS (Reuters) – The European Commission has written to the Italian government asking it to explain a deterioration in the country’s public finances, an EU source said, a move that could pave the way for Brussels to begin disciplinary action against Rome next week. The Commission’s letter is a legal obligation under EU law when […]